(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) will increase the standard list rates for FedEx Ground and FedEx Home Delivery by an average of 5.9 percent. The new rates will be effective Jan. 5, 2009.
FedEx Corp. previously announced that it would increase shipping rates for FedEx Express by an average of 6.9 percent for U.S. and U.S. export services, also effective Jan. 5, 2009.
The FedEx Express rate increase will be partially offset by adjusting the fuel price at which the fuel surcharge begins, reducing the fuel surcharge by two percentage points. Currently, FedEx Express has a trigger price of $1.14 per gallon of U.S. Gulf Coast kerosene-type jet fuel. Beginning Jan. 5, 2009, the trigger price will be $1.30 per gallon.
Additional changes will be made to other FedEx Ground and FedEx Home Delivery surcharges and to some FedEx Express surcharges effective Jan. 5, 2009. The details of these surcharges and the new rates are available at http://www.fedex.com/us/2009rates.
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Saturday, November 15, 2008
FedEx Ground to Increase 2009 Rates by 5.9 Percent
Saturday, October 18, 2008
UPS Sets 2009 Rates
(BUSINESS WIRE)--UPS (NYSE:UPS) today (October 17, 2008) released new list rates for 2009, including an average increase of 5.9 percent for UPS Ground packages and an average net increase of 4.9 percent on all air express and U.S. origin International shipments.
UPS Freight announced a general rate increase of 5.9% for 2009.
The rate increase for air express and international shipments is based on a 6.9 percent increase in the base rate, less a 2 percent reduction in the air and international fuel surcharge index.
The new rates will take effect on Jan. 5, 2009.
Updated rate and service information will be posted on ups.com/rates beginning Oct. 24, 2008. On Dec. 18, customers can download the 2009 Rate and Service Guide on the site.
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